SES AI Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	46.94	29.54	128.8	85.67	106.62	160.5
Short-Term Investments	130.74	170.09	133.75	246.78	283.46	-
Cash & Short-Term Investments	177.68	199.63	262.54	332.45	390.08	160.5
Cash Growth	-25.89%	-23.96%	-21.03%	-14.78%	143.05%	99420.06%
Accounts Receivable	8.18	4.78	0.95	3.91	2.38	7.91
Inventory	6.96	5.15	0.21	0.56	0.38	-
Other Current Assets	7.75	6.71	13.2	11.71	3.79	1.56
Total Current Assets	200.57	216.28	276.9	348.63	396.64	169.97
Net Property, Plant & Equipment	33.25	36.5	48.09	51.06	39.12	12.49
Other Intangible Assets	2.75	2.81	1.22	1.35	1.47	1.63
Goodwill	13.27	13.27	-	-	-	-
Other Long-Term Assets	3.68	3.79	3.57	5.78	3.21	9.26
Total Assets	253.52	272.65	329.79	406.81	440.44	193.35
Accounts Payable	5.92	5.69	1.9	4.83	6.19	4.71
Accrued Expenses	13.7	15.07	18.33	13.12	11.27	6.27
Current Portion of Leases	1.6	2.59	2.3	2.4	1.9	-
Other Current Liabilities	8.03	1.09	-	-	-	-
Total Current Liabilities	29.24	24.16	22.82	20.36	19.36	10.99
Long-Term Leases	5.42	5.81	7.98	11.32	10.17	-
Other Long-Term Liabilities	15.62	27.92	20.68	16.19	19.38	0.75
Total Long-Term Liabilities	21.03	33.74	28.66	27.51	29.54	0.75
Total Liabilities	50.27	57.89	51.48	47.86	48.9	11.73
Common Stock	0.04	0.04	0.04	0.04	0.04	0.01
Additional Paid-in Capital	588.46	588.36	579.38	559.21	538.04	5.6
Accumulated Other Comprehensive Income	-1.24	-1.73	-2.23	-1.61	-1.25	0.37
Retained Earnings	-384.01	-371.91	-298.87	-198.69	-145.29	-94.29
Total Common Shareholders' Equity	203.25	214.76	278.31	358.95	391.54	-88.32
Minority Interest	-	-	-	-	-	269.94
Shareholders' Equity	203.25	214.76	278.31	358.95	391.54	181.62
Total Liabilities & Equity	253.52	272.65	329.79	406.81	440.44	193.35
Total Debt	7.02	8.4	10.28	13.72	12.06	0
Net Cash (Debt)	170.66	191.23	252.27	318.73	378.02	160.5
Net Cash Growth	-10.76%	-24.19%	-20.85%	-15.68%	135.53%	-
Net Cash Per Share	0.51	0.58	0.78	1.01	1.31	2.63
Book Value	203.25	214.76	278.31	358.95	391.54	-88.32
Book Value Per Share	0.61	0.65	0.86	1.14	1.36	-1.45
Tangible Book Value	187.23	198.67	277.09	357.61	390.07	-89.95
Tangible Book Value Per Share	0.56	0.60	0.86	1.14	1.35	-1.47

Updated Apr 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q